India will be 3rd largest economy by 2030: BP

India will be the world’s third largest economy by 2030 but its energy demand will slow down to 4.5 per cent, global energy giant BP plc said.

“By 2030 China and India will be the world’s largest and third largest economies and energy consumers, jointly accounting for about 35 per cent of global population, GDP and energy demand,” BP’s chief economist, Mr Christof Ruhl, said releasing BP’s Energy Outlook 2030.